Equality, Participation, Transition: Essays in Honour of Branko Horvat

3 Who defines it as ‘ … a sustained increase in per capita or per worker product,
most often accompanied by an increase in population and usually sweeping
structural change’ (Kuznets, 1966:1).
4 All growth rate data come from EBRD Transition reports for various years;
the 1998 rate is an estimate.
5 The other main innovation concerns introduction of a larger number of
factors of production (for example, human capital).
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Ivo Bićanić 199
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